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L3lack_light Posted 14 years ago
Vocabulary

U relationship

"It is generally recognized that there is a "U" relationship between industry concentration and profitability."

Hi everybody. Can you please help me understand what U relationship is?
Thank you very much.
  

Top answer

I'm not an expert in economics or statistics, but I think "U" describes the shape of a diagram. Industry concentration and profitability can be its horizontal and vertical axes.

  • I'm not an expert in economics or statistics, but I think "U" describes the shape of a diagram.
  • Industry concentration and profitability can be its horizontal and vertical axes.
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1 Answers
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I'm not an expert in economics or statistics, but I think "U" describes the shape of a diagram. Industry concentration and profitability can be its horizontal and vertical axes.

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